Permanent Deputy Prime Minister Nguyen Hoa Binh held talks with Deputy Prime Minister and Minister of Finance of the United Arab Emirates (UAE) Maktoum bin Mohammed bin Rashid Al Maktoum, and met with other officials as well as representatives of local businesses on September 24-25 as part of his working visit to UAE.

Deputy Prime Minister Nguyen Hoa Binh have met with top UAE officials, including ADGM Chairman Ahmed Jasim Al Zaabi, to discuss strengthening bilateral investment ties and developing Vietnam’s international financial centre (IFC).

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has become the first bank in Vietnam to successfully issue US$300 million in sustainable bonds on the international market.

Four Vietnamese commercial banks have become members of the International Finance Corporation’s (IFC) Alliance for Green Commercial Banks, a global initiative to accelerate sustainable finance and green banking practices across emerging markets.

Ho Chi Minh City will begin construction of a long-planned international financial centre (IFC) in September, part of Vietnam’s push to position itself as a regional financial hub alongside Singapore and Hong Kong (China).

Ho Chi Minh City took a major step toward establishing itself as a global financial hub with the opening of the Saigon Marina International Financial Centre (Saigon Marina IFC) Tower on August 19, one of the 80 landmark projects launched to celebrate Vietnam’s 80th National Day (September 2).

The Ministry of Industry and Trade has proposed six types of commodity exchanges to be operated at the planned International Financial Centre (IFC) which would cover both traditional goods markets and emerging financial and commercial products.

Vietnam's leading industrial park developer Becamex IDC on July 16 signed a cooperation agreement with the International Finance Corporation (IFC), a member of the World Bank Group, aiming to integrate international sustainability standards into the practical operations of its industrial parks in Vietnam.

Vietnam’s roadmap to establishing an international financial centre (IFC) hinges not only on planning, infrastructure and human capital, but above all, on attracting strategic investors, according to experts.

Ho Chi Minh City is stepping up efforts to fulfill key conditions for the establishment of an international financial centre (IFC), seen as a strategic move to deepen Vietnam’s integration with global financial markets and provide new impetus for socio-economic breakthroughs.